Why it matters

Despite all the security measures your bank has implemented, your customers could still fall prey to organized gangs of criminals that are using increasingly sophisticated techniques to compromise the security of online and mobile banking services:

Redirecting customer transactions to fake websites

Stealing customers’ account details and passwords

Completing fraudulent financial transactions

Every time a customer suffers an attack, your bank could lose money…
and your hard-earned business reputation could be severely damaged.

Kaspersky Fraud Prevention Platform Introduction

The threats have evolved – has your security kept pace?

Every year, hundreds of millions of dollars are being stolen from online banking services – and the ongoing increase in mobile banking activity is adding further risks.

Traditional financial security measures – including one-time passwords (SMS, TAN generators), tokens and CVV2 – cannot defend against cybercrime techniques, such as banking Trojans, that are able to bypass all of these security technologies.

Your customers may be vulnerable

Because cybercriminals recognize that it can be relatively difficult to gain direct access to a bank’s own systems, the criminals often target what they regard as the ‘weakest link’ – the bank’s customers.

Some of your customers simply will not understand the need for security and may not have any security installed on their computers. However, if they inadvertently enable an attack against their account, it is your bank that could suffer financial and reputational losses.

Even those customers who do run security software on their PC or Mac may not realize that they should also be taking precautions with their smartphones and tablets. Because these unprotected devices are outside your security perimeter, traditional banking security technologies are unlikely to address the vulnerabilities they introduce.

Endpoint protection is not enough

Of course, it is important to encourage your customers to use a security product on their personal computers, tablets and smartphones. Going a step further – and providing free protection for their endpoints – can be much more effective.

However, even if you offer your customers free endpoint security, there may be a few users that forget to install it. So – in addition to helping your customers protect their endpoints – you also need to bolster your own internal defenses against threats that originate from customers' devices.

Enhancing your anti-fraud security

It’s important to be able to analyze a customer’s behavior – during that customer’s online transactions – so that you can enable another layer of defense that blocks any fraudulent transactions that result from poor security at the customer’s endpoint.

Some security products can perform complex ‘risk score’ analysis – that is based on a range of factors, including the identity of the customer’s device, customer behavior patterns, session and transaction parameters, and more – in order to block malicious transactions.

Empowering your IT and security team

Although most banks employ highly-skilled Fraud Analysts, IT Security Administrators and Managers, these personnel primarily focus on bank-related security issues and they may not have detailed knowledge of emerging cybercrime techniques, new malware threats and the latest innovations in IT security.

Although knowledge transfer – from experts in cybercrime and anti-fraud technologies, to the bank’s internal security team – can be enormously beneficial, it can be difficult to find consultants and training services that have the required level of expertise.

Augmenting your anti-fraud protection

Kaspersky Fraud Prevention Clientless Engine provides software that detects malware and automatically identifies abnormal behavior patterns in individual customers' transactions. Even if your customer has not installed Kaspersky Fraud Prevention for Endpoints – or they accidentally revealed their password and account details in a phishing or social engineering attack – Kaspersky Fraud Prevention Clientless Engine can still block fraudulent transactions.

Analysis & reporting on transactions & threats

Kaspersky Fraud Prevention Console provides you with key statistics and at-a-glance feedback about online fraud events and how Kaspersky Fraud Prevention technologies are performing – plus statistics and information about users that aren’t running Kaspersky Fraud Prevention for Endpoints on their devices.

Special services – for even greater security

Kaspersky Fraud Prevention Intelligence Services deliver monthly reports about current and recent threats from around the world, while quarterly reports include details on specific threats, malware and trends that are directly relevant to your bank and its security. These services deliver unmatched insight into risks and your environment.

Kaspersky Fraud Prevention Professional Services give you direct access to Kaspersky Lab security experts. They will assist your team in integrating and customizing the deployment of Kaspersky Lab protection technologies – to suit your specific requirements – and they will provide in-depth forensics and analysis during investigations of threat incidents.

Kaspersky Fraud Prevention Education Services provide education courses that help your security team to identify threats and decide on the optimum response for specific types of attacks. Courses are led by respected experts in cybercrime prevention, and instead of relying only on theory, the courses focus on practical advice, tips and techniques.

Kaspersky Fraud Prevention Management Services give you a single point of contact for day-to-day advice, plus support for malware & incident investigations. Whether you need telephone support or a Kaspersky Lab security expert located on your site – we will tailor the service to your requirements.

Without a global team of security experts, many vendors are only able to protect against locally encountered malware

Kaspersky Fraud Prevention Platform

The latest threats – need the latest protection

With cybercriminals releasing new malware and attacks every day, if your security solution can’t keep pace – in real time – with the relentless launch of new and emerging threats, the security of your online banking services could be severely compromised.

Although several vendors are keen to sell security products, many of those vendors lack the breadth of security expertise and global coverage necessary to ensure protection against the latest threats.

This means some products only manage to achieve relatively low performance in identifying and blocking fraudulent transactions. They can also suffer from high incidences of 'false positives' – blocking legitimate transactions and impacting customer service.

Efficient, up-to-date protection

In contrast, Kaspersky Lab has the scale, resources and global expertise that are necessary to keep pace with new and emerging threats – and deliver efficient protection against malware and scammers.

The fact that KSN can analyze real-time data about potential threats, enables Kaspersky Lab to provide your customers’ devices with a much more rapid response to newly identified threats.

Multi-layered…and modular

Kaspersky Fraud Prevention is unique in its ability to protect your customers' endpoints – regardless of whether they are accessing your services via computers or mobile devices – and also enhance the anti-fraud IT protection measures that you operate within your bank.

Because Kaspersky Fraud Prevention is a modular solution with a choice of technologies and services, you can select the right combination of innovative security technologies and services for your bank.

Business benefits

Whereas some security products are only capable of reacting to an attack after damage has occurred, Kaspersky Fraud Prevention blocks threats before harm is caused. This proactive defense can generate significant cost and operational benefits – so that risk prevention can cost your bank far less than the costs associated with recovering from an attack.

Furthermore, if you take advantage of Kaspersky Lab's education services, you will also benefit from a skills transfer process that boosts your team’s ability to defend your bank and its customers against threats.

Benefits for your bank’s reputation

With many customers – including consumers and businesses – concerned about the security of online bank accounts, some can be wary about using online services. If your bank is able to demonstrate that it offers higher levels of security, you could:

Establish a competitive advantage – and win new customers

Encourage more of your existing customers to migrate to online services

Because Kaspersky Fraud Prevention for Endpoints can be customised to include your brand, this can help to ensure your customers associate your business with secure banking.

More benefits for your customers

Kaspersky Fraud Prevention for Endpoints delivers online and mobile anti-fraud protection that antivirus software usually cannot offer. In addition to protecting your customers' online and mobile transactions, it is also easy to run – so your customers don't need any special security skills.

With dynamic, real-time updates from the cloud, Kaspersky Lab makes it easy for you to ensure the protection you offer your customers is able to deal with the latest malware threats.

Because it supports Windows, Mac, Android and iOS devices, Kaspersky Fraud Prevention for Endpoints lets you provide protection across a wide range of computers and mobile devices that your customers use.

Why Kaspersky lab?

Kaspersky Lab’s combination of global security intelligence and innovative security technologies gives you more time to focus on your business – instead of IT security:

With nearly 16 years of innovation, we protect over 300 million users worldwide

As a leader in Global Threat Intelligence, we achieve superior detection rates

We win more awards – in more independent tests than other vendors

That's why government and law enforcement agencies – including INTERPOL, Europol and CERTS – partner with us … and why your bank can rely on us.

Technology Leadership Profile

Totally focused on IT security

Even at the very top of our company, our commitment to IT security is immediately evident. Our CEO – Eugene Kaspersky – doesn't just run the business; he is one of the world's most influential security experts.

Furthermore, our Global Research and Analysis Team (GReAT) includes many respected world authorities on cyberthreats and security. With experts located in key locations across the world, we can combine global scale and local insight … to protect customers from threats that can arise from anywhere.

Kaspersky Lab is widely regarded as having one of the best threat intelligence ecosystems in the world. This helps ensure our customers are better informed and better protected.

Relentless research – for rigorous security

As the world's largest privately owned IT security company, we're free to decide on our business priorities – and ensure every level of the company places innovative research and development ahead of short-term financial gains.

It is a long-term strategy that delivers superior security for our customers – and sound financial performance for us.

This focus on R&D has helped to ensure Kaspersky Lab experts have been the first in the world to discover many of the most dangerous threats – including Red October, Flame, IceFog, MiniFlame, Gauss, Neverquest and NetTraveler – and have been the first to develop protection against many new threats.

Broader expertise – for broader protection

With broad expertise in all types of online threats, in all types of industries – not just banking – Kaspersky Lab is better equipped to defeat online or mobile banking fraudsters that try to adapt attack techniques that have been employed in other industries.

Even though cybercriminals will often copy some of the cutting-edge attack methods and technologies that are used in other industries – including sophisticated methods that are used by nation states to attack other nation states – Kaspersky Lab’s far-reaching experience of all types of threats helps to deliver higher levels of protection for your online and mobile banking services.

Security that’s tailored to your needs

Because every financial organisation is unique, Kaspersky Fraud Prevention offers a choice of security modules and security services that can be tailored to deliver the protection you need and the management information & reports you require.